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Friday, November 26, 2010

Short Sale Warning

Be careful when participating in a short sale. Part of the negotiation with the lender may involve paying back a deficiency. It is important that people selling their home as a short sale understand the liability they may still have after the sale. It's probably a good idea to involve an attorney to make sure the short sale is in your best interest. Here's a story in today's Arizona Republic...

Some Arizona homeowners still owe after short sale

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